Economics and Investing:

U.S. to Shutter 15 European Bases Under Cost Cutting Plan. – G.P. o o o The Part-Time Economy Consuming America. – H.L. o o o Items from Mr. Econocobas: Credit Card Debt Tumbles Most In 1 Year As US Households Resume Deleveraging – Understand the author’s point about how it shows people are not optimistic, but deleveraging is actually what is needed and what happens in a depression. However, also understand in our debt based monetary system, deleveraging will collapse the system, and that is why central banks around the global are trying to print their way out of deflation …




Economics and Investing:

The Deflationary Myth o o o No Proof JPMorgan Not the Big Buyer of Silver Eagles. – K.W. o o o Items from Mr. Econocobas: US to Cut Off Food Stamps for One Million Next Year – This is part of the massive invisible “bread line” that we don’t see but is every bit as long as the lines in the Great Depression. Let’s see how this goes over… 3 in 5 Americans Don’t Have Enough Savings to Pay for Unexpected Expenses Mortgage Apps Plunge 9.1% Over Two-Week Period $200 Billon in Debt Looms over American Oil and Gas




Economics and Investing:

Seven Reasons To Be Fearful o o o You Are Being Lied To – The West Is In Bad Shape, Particularly The United States. – B.B o o o Items from Mr. Econocobas: Recipe for Disaster: Why Velocity is Inflation’s Most Dangerous Ingredient 10 Year Treasury Yield below 2% The $300B Elephant In The Acropolis: The Greeks Can’t Pay, Euro Politicians Are Afraid To Forgive Bill Gross Says the Good Times Are Over




Economics and Investing:

Review of the 2014 Bank Failures and Their Effects on Depositors. – G.G. o o o Jeff Gundlach: Something Is Not Right; Concerned About Health Of The Economy & Financial System o o o Items from Mr. Econocobas: German Savers Brace for $2.3 Trillion ECB Question Jim Rickards Says the Fed is Bluffing About Raising Interest Rates in 2015 Hedge Funds Resume Bullish Gold Bets as Greece Vote Looms The ECB “Leaks” Its 3 QE Choices




Economics and Investing:

Sayonara Global Economy. – G.P. o o o Items from Mr. Econocobas: Chinese Savings vs. American Spending from Mises.org Subprime Auto Loans Are Making a Comeback – Between these and extending the payback time on loans is what I believe is driving the auto market, disagree with author saying this is not an issue. Video: Interview of Chris Powell of GATA (Gold Anti-Trust Action Committee) by Greg Hunter Russia’s “Startling” Proposal To Europe: Dump The US, Join The Eurasian Economic Union




Economics and Investing:

Ten warning signs of a market crash in 2015. – M.A. o o o The 75% super tax quietly dies in France. – P.S. o o o Items from Mr. Econocobas: Knowing It Will End Badly And Turning A Blind Eye Euro Drops to 54-Month Low as ECB Splits From Fed – In my view it is extremely unlikely that the Fed actually raises rates as being touted… US Debt Soars By $100 Billion On Last Day Of 2014, Hits Record $18.14 Trillion







Economics and Investing:

“Audit The Fed” Bill Gains Momentum, Yellen Starts Damage Control o o o Beware the Money Illusion Coming to Destroy Your Wealth o o o Items from Mr. Econocobas: Could Russia Back Its Currency With Gold? Japan Is Writing History As A Prime Boom And Bust Case The American People Are Utterly Clueless About What Is Going To Happen As We Enter 2015







December in Precious Metals, by Terrence Campbell of Gainesville Coins

Welcome to SurvivalBlog’s Precious Metals Month in Review, where we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold and silver and examine the “what” and “why” behind those numbers. Gold continued to sputter throughout the month of December, hitting a high of just 1,230 per troy ounce on the 10th, and slowly sinking to a low of 1,175 over the next two weeks, ending on the 25th. Market analysts are again attributing the weak performance of gold to continually sagging crude oil prices globally, lower than expected inflation, …




Economics and Investing:

Why You Should Be Prepared for Both Inflation and Deflation o o o From the desk of SurvivalBlog’s Editor At Large, Mike Williamson: Corn ethanol is of no economic use o o o Items from Mr. Econocobas: Russia Says Ruble Crisis Over as Reserves Dive, Inflation Climbs Japan Struggles to Escape Recession as Production Drops U.S. Bond Sentiment Is Worst Since Disastrous ’09 – It is my opinion that the Fed won’t ever raise rates but will always pretend or let the markets believe they will, and use just use the excuse du’ jour to put it off. Perhaps I …